Cautious Fund Surfing | SPY vs. SHY | Backtest to 9/16/2002
Backtest results
Metrics
1Y · since Oct 2025Cautious Fund Surfing | SPY vs. SHY | Backtest to 9/16/2002 | |
|---|---|
| Total Return | +6.56% |
| CAGR | +6.61% |
| Sharpe | 0.68 |
| Calmar | 0.74 |
| Max DD | -8.88% |
| Volatility | 10.27% |
| Win Rate | 53.0% |
Last year of a hypothetical backtest, Oct 30, 2025 to Oct 30, 2026. Create an account to see the full history.
About this strategy
A cautious strategy that mainly holds the broad market ETF (SPY) when market volatility is low and SPY's relative strength is weaker than the short-term Treasury ETF (SHY). It switches to the bond fund (SHY) whenever volatility rises or SPY's relative strength is not lower, protecting the portfolio from sharp market swings.
Current allocation
What the rules select as of Oct 30, 2026.
- SPY100%
State Street SPDR S&P 500 ETF Trust
Frequently asked questions
What is Cautious Fund Surfing | SPY vs. SHY | Backtest to 9/16/2002?
A cautious strategy that mainly holds the broad market ETF (SPY) when market volatility is low and SPY's relative strength is weaker than the short-term Treasury ETF (SHY). It switches to the bond fund (SHY) whenever volatility rises or SPY's relative strength is not lower, protecting the portfolio from sharp market swings.
What is Cautious Fund Surfing | SPY vs. SHY | Backtest to 9/16/2002 holding today?
As of Oct 30, 2026, Cautious Fund Surfing | SPY vs. SHY | Backtest to 9/16/2002 allocates to SPY 100%.
How has Cautious Fund Surfing | SPY vs. SHY | Backtest to 9/16/2002 performed over the past year?
From Oct 30, 2025 to Oct 30, 2026, Cautious Fund Surfing | SPY vs. SHY | Backtest to 9/16/2002 returned +6.6% in a hypothetical backtest. Past performance does not guarantee future results.
What is the maximum drawdown of Cautious Fund Surfing | SPY vs. SHY | Backtest to 9/16/2002?
From Oct 30, 2025 to Oct 30, 2026, the largest peak-to-trough decline of Cautious Fund Surfing | SPY vs. SHY | Backtest to 9/16/2002 in a hypothetical backtest was -8.9%.
How do I use Cautious Fund Surfing | SPY vs. SHY | Backtest to 9/16/2002?
Open Cautious Fund Surfing | SPY vs. SHY | Backtest to 9/16/2002 in Quantly to rerun the backtest, adjust the rules, and paper trade it. You can also connect a supported brokerage to trade your version live.
Backtest results are hypothetical and do not guarantee future returns. Strategies are shared by Quantly users for research only and are not investment advice.